David Robbie Purchases 30,000 Shares of FirstGroup plc (FGP) Stock

FirstGroup plc (LON:FGP) insider David Robbie bought 30,000 shares of the firm’s stock in a transaction dated Friday, February 2nd. The stock was purchased at an average cost of GBX 102 ($1.43) per share, for a total transaction of £30,600 ($42,971.49).

Shares of FirstGroup plc (FGP) opened at GBX 101.60 ($1.43) on Monday. The stock has a market capitalization of $1,230.00 and a P/E ratio of 1,128.89. FirstGroup plc has a 12-month low of GBX 97.45 ($1.37) and a 12-month high of GBX 154.50 ($2.17).

FirstGroup (LON:FGP) last issued its earnings results on Tuesday, November 14th. The transport operator reported GBX 1.90 ($0.03) earnings per share for the quarter, beating the Zacks’ consensus estimate of GBX 1.50 ($0.02) by GBX 0.40 ($0.01). The firm had revenue of GBX 277.13 billion for the quarter. FirstGroup had a return on equity of 0.21% and a net margin of 0.04%.

FGP has been the topic of several research reports. Liberum Capital reaffirmed a “buy” rating and issued a GBX 165 ($2.32) target price on shares of FirstGroup in a research report on Wednesday, November 29th. Shore Capital reaffirmed a “buy” rating on shares of FirstGroup in a research report on Tuesday, November 28th. HSBC reaffirmed a “hold” rating and issued a GBX 160 ($2.25) target price on shares of FirstGroup in a research report on Friday, November 3rd. reaffirmed a “hold” rating and issued a GBX 160 ($2.25) target price on shares of FirstGroup in a research report on Friday, November 3rd. Finally, reissued a “hold” rating and set a GBX 160 ($2.25) price target on shares of FirstGroup in a research report on Friday, November 3rd. Nine equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of GBX 139.25 ($1.96).

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About FirstGroup

FirstGroup plc is a transport operator in the United Kingdom and North America. The Company operates through five segments: First Student, First Transit, Greyhound, First Bus and First Rail. The First Student is a provider of student transportation in North America and operates a fleet of over 47,000 school buses, with over six million student journeys per school day.

Insider Buying and Selling by Quarter for FirstGroup (LON:FGP)

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